If the demand for memory cards increases when the price of digital cameras decreases, memory cards and digital cameras are

Question

Quizplus · Accepted Answer

Complementary goods are goods that are typically used together, meaning the demand for one good is closely related to the demand for the other. In this case, as the price of digital cameras decreases, more people are likely to buy them, and consequently, more people will need memory cards to use with them. Therefore, the demand for memory cards is closely related to the demand for digital cameras, making them complementary goods.

If the Demand for Memory Cards Increases When the Price